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Rail News: Rail Industry Trends

Updates from Alstom, Trinity Industries, Parsons Brinckerhoff, Syncron International AB, Hill International, URS and TMI


•    Alstom Transport received a $309.8 million contract to supply 168 cars for India's Chennai Metro Rail Ltd. The contract includes an option for 16 additional metro cars. The first deliveries are planned for the end of 2012. In addition to supplying the rolling stock, Alstom will equip the new trains with a signaling system for automatic train protection and automatic train operation.

•    Trinity Industries Inc. elected Douglas Rock to its board and the audit and human resources committees. The appointment expands Trinity’s board from 11 to 12 members. Rock most recently served as chairman of Smith International Inc.’s board.

•    Parsons Brinckerhoff has been named 2010 Corporation of the Year by the Conference of Minority Transportation Officials (COMTO). The organization also presented Parsons Brinckerhoff with a 2010 Corporate Citizen Award. COMTO’s mission is to ensure a level playing field in the transportation industry for minorities, Parsons Brinckerhoff officials said in a prepared statement.

•    Syncron International AB will implement its Global Inventory Management system across Deutsche Bahn’s spare parts supply chain in Germany. The system will provide network-wide optimization and visibility for all service parts inventory across Deutsche Bahn’s more than 100 stock locations.

•    Hill International announced that a joint venture comprising Hill, Systra Engineering and Gannett Fleming has received a contract from the Port Authority of New York and New Jersey to provide planning, project management and related services on a call-in basis for the Port Authority Trans Hudson’s $4.1 billion capital program. The contract has a one-year base period and up to seven one-year option periods.

•    URS Corp. has completed its acquisition of Scott Wilson Group plc. Under the terms of the transaction, Scott Wilson shareholders will receive $4.48 per share. The total equity value paid by URS for all outstanding shares is about $336 million. The addition of Scott Wilson expands URS’ international presence by adding a network of 80 offices around the world and more than 5,500 employees.

•    TMI L.L.C. appointed Frank Mummolo president and chief executive officer. Previously he was founder and managing director of MCA Consulting Services Inc.